Retirement plan

SMALLBIZ OUTSOURCE, LLC 401(K) PROFIT SHARING PLAN

Name: SMALLBIZ OUTSOURCE, LLC - SMALLBIZ OUTSOURCE, LLC 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: SMALLBIZ OUTSOURCE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SMALLBIZ OUTSOURCE, LLC 401(K) PROFIT SHARING PLAN, SMALLBIZ OUTSOURCE, LLC

SMALLBIZ OUTSOURCE, LLCEIN 27-0872329Plan #001PY 2018

372 DOUGHTY BLVD., SUITE 200 - INWOOD, NY 11096516-666-9249

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$248K

No prior year

Total participants

No prior year

Average account balance

$82,615

No prior year

Annual return

25.66%

No prior year

Benchmarks

See 116,760 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort116,760 peers

Snapshot2018

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$776K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$194K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$69K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+8.54%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$2459

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,615

$138,072-40.2%

$123,549-33.1%

$135,382-39.0%

Participation rate

100.0%

84.7%+15.3pp

82.3%+17.7pp

82.6%+17.4pp

Annual return

25.66%

153.69%-128.0pp

119.20%-93.5pp

519.77%-494.1pp

Employer contribution / active EE

$16,157

$5,152+213.6%

$4,628+249.1%

$4,779+238.1%

Participant deferral / active EE

$6,167

$6,799-9.3%

$6,426-4.0%

$5,609+9.9%

Admin fee / account holder

$10,917-100.0%

$9,284-100.0%

$10,829-100.0%

SMALLBIZ OUTSOURCE, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SMALLBIZ OUTSOURCE, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion